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Monday, February 3, 2025

Opening Bell: Sensex Opens in Green While Nifty Stays Above 23,200

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Indian stock markets opened on a positive note on January 24, supported by favorable global cues. The Sensex rose by 197.20 points, or 0.25%, to 76,710.16, while the Nifty gained 52.30 points, or 0.23%, to 23,257.65 in early trade.

The market showed a broadly positive tone, with 1,308 shares advancing, 816 declining, and 158 remaining unchanged.

Key stocks in the Sensex saw strong gains, with PowerGrid, Tata Steel, NTPC, and Axis Bank leading the way.

Certain stocks like Sun Pharma, Zomato, and Maruti experienced losses, weighing on broader market sentiment.

Investors are closely watching global developments for further direction, but the overall market mood remains optimistic as domestic sectors like power and steel outperform.

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